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MetaX shares soar nearly 700% in spectacular Shanghai stock market debut

Shares of Chinese semiconductor firm MetaX Integrated Circuits recorded an exceptional surge on their first day of trading in Shanghai, reflecting strong investor enthusiasm for China’s ambitions in artificial intelligence and technological self-reliance. Listed on the Shanghai Stock Exchange’s Star Market, a board dedicated to......

Belgium allocates nearly $30 million to expand police CCTV network

Belgium’s federal government has approved nearly $30 million in funding to expand and modernize police CCTV networks nationwide, with a strong focus on Brussels and Antwerp. The move comes as authorities seek to strengthen the fight against rising drug-related crime and improve overall public security. Interior Minister Bernard Quintin......

ACWA Power and AfDB join forces to tackle Africa’s energy and water challenges

ACWA Power and the African Development Bank (AfDB) have signed a $5 billion framework agreement aimed at accelerating large-scale projects in the energy and water sectors across Africa. The deal, finalized during the Africa Investment Forum in Rabat, underscores the urgent need to address Africa’s energy and water deficits while fostering......

Floods in Safi prompt calls for disaster zone declaration

The city of Safi is facing growing concern after exceptionally severe floods caused significant human and material losses. The disaster resulted in dozens of fatalities and widespread damage to public infrastructure and private property, prompting civil society organizations and political parties to call for Safi to be officially declared......

Bank Al-Maghrib maintains interest rate at 2.25% amid low inflation and steady growth

Bank Al-Maghrib (BAM) has opted to keep its key interest rate at 2.25%, citing Morocco’s subdued inflation and firm economic growth as reasons for maintaining monetary stability. The decision was announced during the central bank’s final quarterly board meeting of 2025, held in Rabat. Low inflation and economic recovery Inflation......

United Kingdom to rejoin European Erasmus program in 2027

The United Kingdom has reached an agreement with the European Union to rejoin the Erasmus+ student exchange program starting in 2027. The UK had left the program at the end of 2020 following Brexit, but the new deal marks a significant step in restoring educational ties with the EU. British Minister for EU Relations, Nick Thomas-Symonds,......

Morocco emerges as a major player in UNESCO intangible heritage

Morocco has solidified its position as a key contributor to UNESCO’s Intangible Cultural Heritage list, with sixteen elements recognized worldwide. The most recent addition, in December 2025, celebrates the Moroccan Caftan, underscoring the country’s commitment to preserving its rich and diverse cultural legacy. Since 2008, Morocco......

Morocco’s economic growth forecasted to reach 5% in 2025

Bank Al-Maghrib (BAM) has projected Morocco’s economic growth to hit 5% in 2025, driven by robust non-agricultural activity and a recovery in agriculture. The central bank presented this outlook during its final quarterly board meeting in Rabat. Growth is expected to remain solid in the medium term, averaging 4.5% through 2026 and 2027,......

Defamation: influencer Soukayna Benjelloun sentenced to three months in prison

The Ain Sebaâ First Instance Criminal Court has sentenced Moroccan influencer Soukayna Benjelloun to three months in prison and a fine of 100,000 dirhams in a defamation case filed by her ex-husband. Benjelloun, who gained fame on social media for sharing details about her divorce and personal experiences, faced legal action following......

Visa launches stablecoins advisory practice to guide businesses in digital payments integration

Visa has unveiled its Global Stablecoins Advisory Practice, a strategic initiative aimed at helping businesses, banks, fintechs, and merchants navigate the rapidly evolving landscape of stablecoin-based payments. This new service, housed within Visa Consulting & Analytics (VCA), highlights the company’s dual role as a payments operator......

Morocco-China: 7th joint commission on economic cooperation held in Beijing

The seventh session of the Joint Commission on Economic, Trade, and Technical Cooperation between Morocco and China took place on Tuesday in Beijing. The session, part of the ongoing strategic partnership established in 2016, was co-chaired by Morocco’s Minister of Industry and Trade, Ryad Mezzour, and China’s Vice Minister of......

Morocco ranks 58th in global crypto adoption, with strong usage but weak regulation

Morocco has been ranked 58th in the 2025 World Crypto Rankings, a comprehensive assessment by Bybit and DL Research that evaluates crypto adoption across 79 countries. The study uses 28 indicators and 92 data points to analyze four key areas: user penetration, transactional use, institutional readiness, and cultural integration, such as public......

Money laundering: Morocco ranks among top 10 safest African countries

Morocco has been recognized as one of the safest African countries in the fight against money laundering and terrorist financing, according to the Basel Index 2025. Ranked 100th out of 177 countries worldwide, Morocco is positioned in a moderate vigilance zone at the global level, reflecting ongoing efforts to strengthen its financial regulatory......

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